Euro steady despite solid ECB dovish bets
The euro-dollar currency pair trades slightly higher to near 1.1200 in North American trading on Friday. EURUSD edges higher, while the US dollar flattens after recovering initial losses ahead of the release of the flash US consumer sentiment and inflation expectations data for May. The euro
Streaming giant Netflix has made a record-breaking comeback, adding over $100 billion to its stock value year-to-date, marking its strongest five-month gain
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See All »Cyprus police arrested a person on Tuesday as part of a 30-month European-wide crackdown on cyber crime, with Germany seeking the suspect’s extradition. According to Eurojust, the European Union Agency for Criminal
Read MoreA member of the European Parliament has called for solidarity with the Armenian nation in Genocide recognition, and more active cooperation in
The annual growth rate of a leading indicator used to predict the future direction of economic movements in Cyprus, continued upward for
The House Price Index (HPI) in Cyprus for the fourth quarter of 2024 rose year-on-year to 112,47 units. Compared to the third
Business
See All »Streaming giant Netflix has made a record-breaking comeback, adding over $100 billion to its stock value year-to-date, marking its strongest five-month gain in absolute dollar terms over the past decade, according to data from Stocklytics.com. Following its huge subscriber loss
Read MoreThe technological transformation of industries and adoption of artificial intelligence by businesses could boost global growth at a rate of one percentage
President Donald Trump’s tariff policies and trade wars have fueled a wave of anti-U.S. sentiment, with America’s reputation plunging in 38 out
The number of Dogecoin (DOGE) millionaire wallet addresses increased by 14.33% from April 8, the day that mounting tensions between Elon Musk,
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In 2018, 7% of EU enterprises employing at least 10 persons used industrial or service robots, Cyprus had the lowest percentage in the bloc. Large enterprises use robots much more (25%
MoreThe EURGBP cross extended its decline to around 0.8435 in early European trading on Monday, with the pound sterling strengthening against the euro on positive developments in the US-UK trade agreement last week.
MoreCyprus police arrested a person on Tuesday as part of a 30-month European-wide crackdown on cyber crime, with Germany seeking the suspect’s extradition. According to Eurojust, the European Union Agency for Criminal
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See All »By Naeem Aslam European and U.S. stock futures opened strong on Friday following positive developments in U.S.-China trade relations and robust earnings
By Nicole Phinopoulou In what has been dubbed the ‘Stop-the-clock’ mechanism, the EU Council formally announced on April 14 that it has
Donald Trump’s tariff blitz has sparked turmoil for the green energy sector. Duties pose a one-two punch for an industry already reeling
Donald Trump may seem to have backed down on his tariff wars on other countries, but with markets and tariffs the only
By Demetris Skourides Utilising artificial intelligence technologies to transform the public sector can accelerate decision-making, enhance service delivery, and make processes more
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Energy
See All »West Texas Intermediate fell by approximately 3% on Thursday, extending the previous session’s losses of over 1%. The benchmark crude oil’s price is hovering around $60.70 per barrel in European trading. The decline in crude oil prices comes amid growing concerns over
Read MoreWest Texas Intermediate futures on NYMEX extend their winning streak for the fourth trading session on Tuesday. The crude oil price climbed
West Texas Intermediate (WTI) crude oil continues its decline for a third consecutive session, trading near $59.50 a barrel in Asia on
By Nicole Phinopoulou In what has been dubbed the ‘Stop-the-clock’ mechanism, the EU Council formally announced on April 14 that it has
World
See All »The euro-dollar currency pair trades slightly higher to near 1.1200 in North American trading on Friday. EURUSD edges higher, while the US
MoreStreaming giant Netflix has made a record-breaking comeback, adding over $100 billion to its stock value year-to-date, marking its strongest five-month gain
MoreCyprus police arrested a person on Tuesday as part of a 30-month European-wide crackdown on cyber crime, with Germany seeking the suspect’s
MoreWest Texas Intermediate fell by approximately 3% on Thursday, extending the previous session’s losses of over 1%. The benchmark crude oil’s price
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See All »The collision in the North Sea between the MV Solong, a Portuguese-flagged cargo ship, and the MV Stena Immaculate, a tanker transporting jet fuel for the U.S. military, could activate multiple insurance policies, because of the types of vessels and
Read MoreThe eighth annual Cyprus Shipping Forum, organised by New York-based financial and maritime advisory Capital Link next week, will focus on the
Government officials from Cyprus and Oman have signed a number of cooperation agreements, enhancing cooperation in maritime affairs and mutual recognition of
The shipping community has welcomed the release of the 25 crew of the Galaxy Leader cargo car carrier, after Houthi rebels hijacked
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Life & Society
See All »The technological transformation of industries and adoption of artificial intelligence by businesses could boost global growth
By Nicole Phinopoulou In what has been dubbed the ‘Stop-the-clock’ mechanism, the EU Council formally announced
By Demetris Skourides Utilising artificial intelligence technologies to transform the public sector can accelerate decision-making, enhance
“Spring drew on: she was indeed already come; the frosts of winter had ceased; its snows
Cyprus has issued a recall for 276 vehicles, of which 138 have been identified to carry